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. >> barack obama has been reelected. >> the agony of defeat. >> this election is over, but our principles in north. >> the year 2012 in review. >> the supreme court has upheld the requirement that every american by health insurance. >> the year of the cliffhanger. >> raising tax rates is unacceptable. >> natural disasters. >> like the apocalypse. >> and human tragedies. >> saying someone is shooting in the auditorium. >> political fumbles. >> 5 seconds before you interrupted me. >> and shoppers. >> the seriousness of having a cia director involved in an extramarital affair cannot be overplayed. >> all right, as we look back, let's begin with the top political story of the year -- the freight -- the reelection of barack obama. as "time" magazine plus a cover story states, barack obama will be the first democrat in more than 75 years to win a majority of the popular vote twice. mitt romney has to be asking himself, giving the magnitude of the president's problems and the great numbers of americans who believe the country was headed in the wrong direction, "how did i lose?" as the republican
will and should walk away from an offer after they had offered to compromise on taxes. obama has said that he wants a balanced approach. where are the cuts? >> grover norquist, president of americans for tax reform, author of the no-tax-hike pledge, but some people ar -- wants everybody to hold the line, but some people are weakening. i things starting to soften up there? >> tom cole, republican from oklahoma, a very astute politician, was it very honestly and openly a politician before he got elected to congress, and said that we ought to take the deal and cut taxes on 98% of people, basically rid ourselves of the fact that most people other than charles c., that the republicans have become the party of billionaires' and millionaires in this debate. that is what happened in the election of 2012. that really is a continuing problem for republicans. that is what you are seeing to it is not just anti-grover norquist movement. it is a realization that they have a political problem. >> a lot of positive signs for a deal. one is that grover norquist, who is kind of a ridiculous figure, it has been
. but obama is not running again, unlike democrats in congress. he is thinking of his legacy. if we go over the cliff and into recession, and the cbo has predicted 9% unemployment, a drop in gdp, that will wreck his second term. i am not sure he has all the cards. he has the advantage and republicans as their backs against the wall, but he may be overplaying his hand. he is pushing for unconditional surrender. i am not sure republicans will go along unless there is some give on obama's part. >> unconditional surrender, mark? >> i am not sure with the exact policy is. the president has the advantage and the factors you are seeing are on the republican side. the democrats' ranks are totally unified. but i think it is important when the president does prevail, which i think he will in this showdown, all but certain, that there be -- that it be done in a way that john boehner leaves with his dignity intact and a sense that he has achieved something. if it is just -- humiliation cannot be a byproduct. >> colby? >> it would not be a defeat for obama in any way. we go over the cliff, a stop becaus
>> this week on moyers & company. >> fundamentally barack obama's pretty conservative. he really is. he's an eisenhower conservative. he's not a liberal. >> i agree 100 percent. i mean, obama has been -- i'm always shocked when people call obama a socialist, because he's -- in fact, i think you might be doing a disservice to eisenhower. >> and -- >> if i can choose to be grateful for my life, love the life i have in the midst of all this, then i can be grateful for other things. >> funding is provided by: carnegie corporation of new york, celebrating 100 years of philanthropy, and committed to doing real and permanent good in the world. the kohlberg foundation. independent production fund, with support from the partridge foundation, a john and polly guth charitable fund. the clements foundation. park foundation, dedicated to heightening public awareness of critical issues. the herb alpert foundation, supporting organizations whose mission is to promote compassion and creativity in our society. the bernard and audre rapoport foundation. the john d. and catherine t. macarthur foundati
this relationship. how do people in the obama administration look on it now. >> reporter: the revolving door to the japanese prime minister office has made it difficult for those to cooperate on an issue. they want a reliable partner. they'd like to see an end to the volatile issues. >> what do they want them to address? >> reporter: people in the obama administration face a high priority. they have been troubled by the increasing tension between japan and china over which country owns the senkaku islands. it could unsettle dynamic in a region. they want to see measure security policies and sophisticated diplomacy to calm the situation. >> our pleszage to the new japanese government will be the same to the former japanese government, which is we want to see both japan and china avoid provocative acts. we want to see them talk to each other and work this through by dialogue. >> reporter: now japan has a dispute with south korea. they would like to see the japanese put aside their differences. american diplomats rely on the partners of both countries to contain it. the north koreans may be wel
. >>> over in the united states, president barack obama is urging republicans to approve a tax hike on the wealthy. he says this is needed to avert the impending fiscal cliff of automatic austerity measures that could drag the economy into recession. obama said on wednesday that federal revenues will not reach the level needed to implement his proposals to cut the deficit unless taxes are raised on the wealthy. >> there is a bottom-line amount of revenue that is required in order for us to get a real, meaningful deficit reduction plan. >> obama added that if republican officials acknowledged this reality, the actual numbers proposed by each party are not that far apart. republicans have made a counteroffer. they want to raise revenue by reviewing the current tax deduke system. house speaker john boehner has urged the president to compromise. >> our members believe strongly that raising tax rates will hurt the economy. now we need a response from the white house. >> unless the two sides reach an agreement by the end of this year, the automatic tax increases and spending cuts will tak
this in flagrant violation of its international obligations. >> the obama administration is also alarmed that north korea is getting closer to its goal of developing a long range missile capable of carrying a nuclear warhead. >> what further steps could the americans take? >> the u.s. had an agreement to provide north korea with food aid. the deal fell apart in april when the north korean regime went what he had a satellite lunch but was widely regarded as another u.s. missile test. talks have been unsuccessful ever since. now there's no doubt that wednesday's launch has deepened that rift but the obama administration has few choices but to continue the dialogue with north korea while increasing pressure with sanctions. >>> insuring americans have stable prices and are employed, these are two goals of the chair of the u.s. reserve is charging ahead with. it seems like ben bernanke has specific numbers if mind. >> he does. he says he and his colleagues are not going to stop until they see the numbers become a reality. they will keep interest rates close to zero. that's until the unemployment rate fa
in february. >>> barack obama says people in his administration have an obligation to prevent mass shootings. he launched a task force less than a week after a school shooting in connecticut. >> i will use all the powers of this effort to help advance e t efforts aimed at preventing a tragedy like this. >> vice president joe biden will lead the task force which will include other members of the cabinet. he said there's a growing consensus among americans to ban the sale of military style assault weapons. he says it supports stricter background checks on buyers. last week a gunman walked into a school. he killed 20 children and six adults. obama has been struggling with another file. >> the u.s. fiscal cliff crisis and the republicans and democrats talks between the republicans to avert still not making much progress. president obama has rm asked to make further compromising. >> i have gone at least halfways in meeting some of the republicans concerns. what separates us is $100 milli million. >> the white house presented a compromise plan earlier this week. obama's original plan was to impos
expecting the voting, the sort of, the electoral body that made obama's victory possible. i mean, i think there was -- no one was talking about the sort of numbers that showed up for obama. no one was predicting the diversity of the vote. no one was predicting that sort of the republican strategy for securing a romney victory would come to grief so kind of spectacularly. i mean, i'm telling you. even the communities who came out to vote, i think, were shocked by their own numbers and by their own power. i mean, when you look at the cuban community in florida, a community that has historically voted super conservative and suddenly see an entirely new generation voting, and you see those numbers that they put up for obama. it was extraordinary. and i think that a lot of folks have very poor sense of what's happening in this country on the ground. i mean, they're kind of all the way up here, whether it's age, class, institutional divisions. and they don't really have a real kind of panoramic or even a deep view of the real sort of granular shifts that have occurred in this country, that have
and manipulation and maneuvering. and barack obama, who i admire immensely, had to give the public option up and hand certain concessions to people like bart stupak in order to get the affordable care act through. and i thought that was lincolnian. he had to say for four years, "i'm evolving towards same sex marriage," before he could say, "i believe in same sex marriage." but you knew of course barack obama in 2007 understood the difference between secular marriage and religious marriage. and of course he believed that gay men and lesbians should marry on the same equal legal footing. he couldn't say it then. and he took four years. and when he picked the moment to say it, it was the exact perfect moment to say it. and it worked and it happened. and it's a history changing thing. >> i was going to ask you about that, i'm glad you brought it up, i was going to ask you because you and your partner, your husband, were the first gay married couple to appear in the new york times vows column. yet, here was obama whom you were supporting cautious, holding back, letting others take the lead, not s
not realize how serious this is, because obama did a poor job of telling them as president of united states. all republicans seem to be doing is defending rich people. the ground has not been allayed. maybe out of this chaos will emerge understanding, but the fights over the charitable deductions -- all these charitable institutions are rising up and saying you cannot touch that somebody has got to stand up and say that everybody has to have the skin in this game. rich people, poor people, middle class -- everybody has got to be in. >> even the relatively painless things -- means testing, medicare -- maybe to propose rules to mean testing -- maybe the proposed rules to mean testing -- most of us pay a $20 copay if you go under medicare. that is not enough for people like us. >> mike allen and it jim vandehei wrote a fascinating piece and a politico about this. "the politicians with good jobs and in this town would agree in private at sure, there is a way to do this -- tax reform, entitlement reform." why don't they do it? >> let's give credit to the people who had something on the line and
, this is the journal. i'm brian thomas. >> and look at what is coming up in the next half hour. president obama says the tragedy must ends. collins for tighter gun control. >> . international study put in germany at the bottom of the table or pay equality among men and women and female executives remained a rarity. >> dortmund dealing another blow as the season reaches the halfway point. >> president obama has set himself and the nation a political challenge following the mass killing of schoolchildren in new 10, conn., calling for an end to the tragedies indicating he is ready to push for tighter gun control. >> congressional democrats have also indicated they are preparing an aggressive agenda for tighter control on the ownership of weapons. the youths who killed 27 people, most of them children, was heavily armed. >> 27 enderle figures, each of them representing and a victim. >> their release the names of the victims. >> we are requesting you expect -- respect their privacy of the go through this difficult time. >> president obama struggling to find words of comfort. >> can we say we are truly do
, but opponents say they intend to continue their protests. >> turning out to the u.s., president barack obama has just announced his nomination of senator john kerry to become secretary of state. >> john kerry is currently chairman of the senate foreign relations committee and has undertaken numerous diplomatic missions. he also ran unsuccessfully for president back in 2004. the move has been widely expected. observers say he should win easy confirmation in the senate. staying in washington, and president obama is increasing the pressure on the country's powerful gun lobby's and calling for stricter regulations on assault weapons. he has also challenged his fellow gun control advocates to take a clear stand on the issue. >> america had a moment of silence for the victims of the newtown massacre. exactly one week ago, a young man armed with a semiautomatic rifle gunned down 20 people in connecticut. meanwhile, the national rifle association has taken a hard- nce on the issue, calling for armed security guards in yev american school to protect students. >> the gun owner's organizatitin has proposed
-- >> in the u.s., president obama makes a last ditch attempt to find a budget compromise. >> in the angry and protests in the streets of regain rate. doctors warn the victim's condition is getting worse. >> and running the sydney yacht race for a sixth time. >> within the next hour, president barack obama is set to meet with top republicans to discuss the nation's looming fiscal clit. white house aides have indicated that obama will discuss measures for avoiding the rest of the automatic spending cuts and tax hikes that will bite if lawmakers fail to come up with a plan. >> pessimism remains the prevailing mood in washington as the january deadline rapidly approaches. neither democrats nor republicans have any new proposals for a workable compromise. >> the starbucks coffee chain has urged its workers in washington, d.c., area to write "come together" on the cups, a plea for party leaders to work out a compromise, but some customers say that is not enough. >> i mean, i like with starbucks is riding on the cups. i wish they would write, like, something else, like "republicans, stop being s
calls for a government of national unity. >> barack obama breaks off his christmas holiday to resume talks on the u.s. budget crisis. >> the annual chaos computer club conference gets under way in hamburg with organizers warning that government internet surveillance is a growing threat. the international convoy for syria made a proposal in damascus where he is delivering talks. >> he will also be holding discussions in moscow as russia steps up its role in helping to find a political resolution to the conflict. the russian parliament says time is running out for damascus. >> it was a high-level meeting between syrian diplomats and the russian foreign minister. he made moscow's line clear -- the crisis has to be solved through political dialogue between the warring parties, but there was no mention of any new proposals to bring about that objective. the foreign ministry denied reports of a new peace plan from russia and the u.s. >> this plan does not exist. that is why it is not being discussed. with mr. brahimi and our american colleagues, we are trying to find a solution on the basi
to the job by president barack obama. now, the fcc tried to pull this same stunt under a republica chairman back in the second term of george w. bush, but at hearings held around the country an angry public fought back. >> we told you a year ago when you came to seattle that media consolidation is a patently bad idea. no "ifs," "ands," or "buts" about it. so with all due respect i ask you, what part of that didn't you understand? >> i'm a republican and i'm a capitalist, but some areas of our private sector must be regulated. freedom of information is too important, we must be oactive in protecting that fundamental freedom. >> if the fcc is here wanting to know if chicago's residents are being wewell served, the answers no. if local talent is being covered, the answer is no. if community issues are being treated sensitively, the answer is no. if minority groups are getting the coverage and input that they need, the answer is no. the answer is no. >> if you will not stand up for we the people, then i have news for you. we the people are standing up for ourselves. this is our media, and we ar
of the past. look back. obama -- many people were saying he did not deserve the nobel peace prize, but he deserved it because it was a statement that now the u.s. is shifting back from the bush administration to obama. i think the same is true for the european union. >> your assessment has been pretty upbeat so far. i want to put this to you. at the top of the show, we said this is a day of celebration for the eu. no doubt about that. it also indicates it might be a day of celebration for the people of the eu, but i see no signs of those citizens cracky -- cracking open the champagne bottles today. >> it is unfortunate. we should see youngsters out there. we should see the you celebrating. i agree that it is unfortunate that we are not even able to celebrate what we have been living and experiencing for 60 years, which is prosperity and peace for everybody. i can berkeley understand that the current crisis destroys this -- i can understand that the current crisis destroys this. looking back, my family, many other families -- people had nothing to eat. they were freezing in the cold. just
for tougher gun laws is gaining momentum. at a memorial service, president barack obama call for action but stopped short of saying what that might entail. several democratic senators are calling for laws to curb gun violence. >> meanwhile, funeral services were held for two victims of the deadly shooting. 27 people died, many of the children, when the gunman opened fire on the school. he was heavily armed with hundreds of bullets. >> family, friends, loved ones gathered in newtown to bid a final farewell to two young boys who lost their lives much too early. noah was 6 years old. this will it's remembered him as a happy child who loved animals. -- his schoolmates remembered him as a happy child who loved animals. >> she said whenever she told him she love him, his answer was not as much as i love you. >> meanwhile, the gun debate in america is bubbling back up to the surface. one american politicians said the tragedy could have been prevented if the school principal had a weapon of her own. >> i wish to god she have had an m-4 in her office so she could have pulled it out and she did n
obama said he is ready to compromise before plunging over the fiscal cliff. >> people have a lot of views. i'm willing to compromise a bit. we asked the wealthy to pay a higher tax rate and that's a principle i won't compromise on. >> he said he could make some concessions so he can take tax cuts for the middle class. some republican lawmakers may agree to higher tax rates for the wealthy. let's get a check on the markets. profit taking on some blue chip shares is kicks in. let's get a check on currency. market players say dealers are waiting whether the fed will take further monetary easing measures. the dollar is trading at 82.42 to 44. the euro is trading higher against the yen. now, other markets in the asia pacific, south korea's kospi is trading higher at 1,963. let's take a look at australia. it's trading higher by nearly half a percent. intelligence experts in the united states have released their predictions for global trends in the lead up to 2030. they say the u.s. won't be the world's only superpower. the council says china will pass the u.s. economically a few years
.s. economic outlook remains uncertain. the obama administration and the republicans are at a stand still to resolve the tax increases. here in japan the central bank has started to consider a concrete inflation target. this is in response to a request made by the incoming leader. policy makers reviewed the inflation goal at a board meeting on thursday. they aim to reach a conclusion at their next meeting in january. liberal democratic party leader wants to pull japan's economy out of deflation once the new administration is in place. he's asking the boj to sign a policy accord with the incoming coming to make the target 2%. the rate remains at around 0%. it averaged at the lower 1% range during the bubble era in the late 1980s. some boj officials insist they should study the inflation impact on people's lives if it should double. others agree it might make it difficult to steer monetary measures in strview of economic conditions. the bank of japan plans to exam how its inflation target should be sent and when it shoultd be reached. let's g let's get a check on markets. the nikkei rose to
wounded. u.s. president barack obama has set a january deadline for proposals to deal with the gun violence. the u.s. has seen several shooting rampages this year, including the newtown school shooting which left 26 people dead. >>> international peace envoy brahimi sat down with talks with syria's president bashar assad. they tried to reach a conclusion on the syrian war, but there is no indication they reached a breakthrough. they met in the capital damascus. they discussed the crisis and moving forward. they planned to set up an administration with government and anti-government forces. he plans to pull power from the assad administration to a new government. but the opposition wants to overthrow the assad administration and the government regards the opposition as terrorist. >>> two insider attacks in afghanistan have rattled the international security forces. an afghan policewoman shot and killed a u.s. contractor in the capital kabul. the victim was a security consultant for the police. other officers detained the woman at the scene. her motive is unknown. another afghan poli
obama appeared at a factory in pennsylvania making his case for raising taxes on top earners and accusing a handful of republicans of holding up a deal. if a deal is not reached by december 31, a $600 billion combination of tax increases and spending cuts goes into effect. let's get a check now on how the markets reacted to all of that news. our correspondence sent us this report from frankfurt. >> the dax climbed for about 2% this week, and share prices have been pushed mainly by the rescue package for greece, but at this last trading day of the week, trading has been quite low. the positive trend continued, although there has been some bad news coming in, like the record high unemployment rate in the euro area and the fact that u.s. consumers spend less money in october. nevertheless, the mood is fine. investors hope the fiscal cliff in the u.s.a. can be avoided. >> let's get a closer look at friday's trading. with all that uncertainty in washington, traders were playing it cautious. in germany, the blue-chip dax broke a bit of a winning streak, only gaining fractionally. e
talks. the obama administration and opposition republicans remain at odds over how to avert the falling off the fiscal cliff. let's take a look at currency markets. the dollar is also little change against the yen as u.s. budget talks continue. dollar/yen is in the upper 81 levels, 81.88 to 90. the euro, that is higher against the yen, 107.27 to 30 at the moment. worries are reseeding over eurozone debts. let's take a look at other markets in the apple open. kospi is trading flat on the day, 1,934. looking at australia, the benchmark index is trading higher by 1/10 of a percent, 4,508. modest moves so far this morning in the asia pacific. >>> japan and india launched a new framework to provide bilateral credit in u.s. dollars. the aim is to ease the impact of possible turmoil in the global financial markets on asia. the two countries worked out the details on tuesday. japan's prime minister and his indian counterpart had signed the currency agreement a year ago. under the framework both countries will be able to exchange up to $15 billion over the next three years. the two countries had
forces. the statement echoes a strong warning issued by u.s. president barack obama on monday. >> more than 40,000 people have been killed since the uprising began in march 2011. here's a look at what the alliance's defense will look like on turkey's border to syria. >> it is designed to detect, intercept, and hit an enemy missile. there are batteries like these stationed in germany. some could be deployed to turkey within weeks. berlin is calling it a legitimate request from a nato ally. >> turkey has already been hit by cross-border mortar fire from syria, so it is understandable that turkey is holon and has asked the alliance for a sign of solidarity. refusing that request would have profound implications for the alliance and send the wrong signal to the regime of president assad. >> nato is warning damascus not to cross a red line, for instance, by using chemical weapons. >> the use of chemical weapons would be completely unacceptable for the whole international community, and if anybody resorts to these terrible weapons, i would expect an immediate reaction. >> apart from germany,
" forbes" has named barack obama as the world's most powerful person in its annual rankings. german chancellor angela merkel is in second place while russian president vladimir putin is in third. >> in the wake of the typhoon, the philippines is calling on united nations negotiators to do more about climate change and global warming. >> representatives from nearly 200 countries are gathered for a summit on the environment. they hope to find ways to lower emissions worldwide. >> but there are deep divisions, and many expect there will not be any results from the talks, which and tomorrow. >> dw spoke earlier to the head of the u.n. environment program and we asked him if anything at all could come out of this conference. >> we still have to give you a days ago, and i believe there will be a number of outcomes. the green climate fund, the kyoto protocol extension -- these are fundamental building blocks of an international climate process, but ever since copenhagen, we are pursuing a search for a new framework for global climate cooperation, and doha in itself will not deliver that. w
. >> but as the holidays draw closer, u.s. president barack obama and his family have lit the national christmas tree outside the white house. >> it is an annual tradition dating back to 1923. this year's giant blue spruce is new and will remain planted outside the white house throughout the year. the tree is lit by 450 strands of alley delights and 120 star ornaments. >> that looks like a fun party. >> beautiful christmas in the white house for sure. that is all we have run out. thanks for watching. >> do not forget, you can find more on our website at dw.de. see you soon. ????ovív"d
employment data after president barack obama was re-elected. the unemployment rate last month fell to 7.7% from 7.9% in october. the jobless rate has now been below 8% for three straight months. u.s. employers added 146,000 jobs in the nonfarm sector such as retail trade, professional, and business services and health care. that's more than economists had forecast. u.s. employers added 138,000 jobs in october. the officials of the labor department say hurricane sandy, which shook the country's east coast in late october, did not substantively impact the national unemployment estimates for november. >>> a legal battle between two smartphone giants, apple of the united states and samsung of south korea, rages on. the california federal district court has reopened the case over smartphone and other patents. the court has resumed a hearing before handing down its final ruling. back in august, a jury ordered samsung to pay more than $1 billion to damages in apple. now samsung is seeking to overturn that verdict. in thursday's session the judge urged the two sides to reach a settlement on a g
president obama enters his second term, officials in pyongyang want the americans to recognize their challenge such as the middle east and afghanistan. another reason it's related to south korea's presidential election scheduled on december 19th. the north koreans hope that the new government will return. they have criticized the conservative candidate for her stance on relations. the missile launch can be seen as a way of pushing the south koreans towards the hard line. >> i see. china is a longtime ally of north korea. how do you see its role? >> i believe china can greatly influence the united nations' reaction. after the previous launch in april, the united nations issued a statement of condemnation. the day before the north's announcement of this launch by its chairman of china's national peoples congress to meet with kim jong-un. the launch announcement the following day caused the chinese to lose face. this time they have strongly urged restraint. also, i think it is important to closely watch how they react. >> thanks very much, hiroki. >>> security analysts in the u.s.
-- disguised test for long-range missiles. >> president obama announced the u.s. would formally recognize the coalition of syrian opposition groups. >> that endorsement came as the friends of syria group met in morocco to discuss ways of ending the conflict. >> this internet footage purports to show the aftermath of explosions on the outskirts of the syrian capital of damascus. two other explosions were reported targeting the interior ministry and the justice ministry. state-run television reported at least one death and several injuries in what it called terrorist attacks. as the violence continued on the ground, diplomacy continued elsewhere. representatives of 130 countries met with opposition figures in morocco. the so-called friends of syria group recognized the opposition as the legitimate representative of the syrian people. following the lead of the eel and the u.s. -- of the eu and the u.s. >> this is an important step. we think it is important the national coalition continue to work on democratic and -- on the democratic platform. this is the new and democratic syria. this is a
.s. president barack obama says they recognize the opposition coalition as the only legitimate representative of the people. the head of nato thinks president assad has his back to the wall. he said the government's collapse is only a question of time. >> i think the regime in damascus is approaching collapse. >> he urged syrian leaders to stop the violence, understand the situation they're in and initiate a process that would lead to realizing the legitimate aspirations of the syrian people. nato officials say they won't intervene militarily. they said it could destabilize the region. instead they will increase pressure by deploying interceptor missiles along the turkey border. aid workers is say more than a million people across syria don't have enough to eat. they're warning the problem will only get worse. pedro heads the organization's new york office. he said the number of people needing help has tripled orr the last six months. >> they have serious problems in terms of having access to food. their food is not available in the market. even if it is available, it is extremely expensive.
and staff. the shooter is deceased inside the building. >> the governor took a call from president obama a little while ago, who was calling to express his condolences and condolences on behalf of the nation and pledged whatever resources the federal government can bring to bear to assist the families and to assist in the investigation. >> all right, let's go over to washington. our correspondent is there on the story for us. what more can you tell us right now? >> most of the information we are getting so far is unconfirmed. the police did not say much. they want to confirm how many people really died during the shooting. most networks talk of 27 being shot dead, 18 kids. all this is unconfirmed, but apparently the number of dead is closer to 30 than 220 -- those are the reports we are getting. -- than to 20. this is an elementary school, so children who attend that school are between five and 10 years old. there are rumors of a second shooter floating around. that has not been confirmed. police said they were questioning a sond person but did not call him a suspect. we do not know if t
hesitant at the start of the year of crisis. she did not take the lead as much as obama and the u.s. had hoped, but she has gotten better. >> there is this a dominant role, and we do not have much of a say, even though since spring, our president, unlike his predecessor, sarkozy, has tried to stand up to the german chancellor more. >> president francois hollande, together with italy and spain, pushed back against germany's strict austerity plans for europe. the amended year, there was a sense that germany might cut in its place, the southern european countries were going to build up a counterbalance, but that has not really been borne out. especially since hollande never followed through with his drive to renegotiate the fiscal pact. that did not happen. >> for germany, that meant sticking to the status quo. chancellor merkel met with the greek prime minister in october. she made it clear that austerity remains the number one priority, but her message is not popular with the greek people. >>>> i know that these reforms demand a lot from people in those countries that are especially hard
not work out either. i think they are going to go over the cliff. the main objective obama had was not a fiscal one, it was political, to follow the victory in november by creating a civil war among republicans over the tax issue, which is exactly what happened. he said the 1 requirement i have for any deal is hiking tax rates. the reason that boehner was not able to do plan b was because it involved breaching the principle, which he did openly and said he was ready to do it. there were conservatives who would not do it. that is not a figure of the party that will be extremely hard to reconcile. if you can not, how you get a deal done before january 1? >> that is essentially the problem the president faced with boehner two years ago. last year. can he deliver? how can you negotiate with someone who cannot deliver on his side? >> you go to people for support, at least three of whom have lost their committee assignments. how can you expect them to come over to your way of thinking? >> they were crowing when john boehner went down, taking some delight, but that was pre- cleared by
invasion. president obama making history twice, becoming the first u.s. president to set foot in cambodia and burma. cambodia, host of the east asia summit, is also the last stop in the president's four-day trip to southeast asia, which included a stop in thailand and a chance to discuss human rights. in burma, the president and secretary of state, hillary clinton, meeting with longtime opposition leader aung san suu kyi at her home, where she spent 20 years under house arrest. the president applauding the nation's democratic efforts. >> i want to make a pledge to the people of this country that i am confident we can keep. and that is if we see continued progress towards reform, our bilateral ties will grow stronger, and we will do everything we can to help ensure success. >> let the twinkie hoarding begin. hostess brands, maker of wonder bread, ding dongs, ho hos, and twinkies is shutting its doors, putting a possible end to an era of iconic treats, the company in bankruptcy court, selling off its assets instead of restructuring, leaving the sweet treats up for grabs to the highest bidde
in setting monetary policy. >>> in the u.s. president barack obama and republican house speaker john boehner are scrambling to avoid the looming fiscal cliff. they're trying to reach an agreement on how to tax the wealthy. the president offered to limit tax hikes for people earning more than $400,000 a year. instead of his original proposal of $250,000. but republicans are calling for more concessions. >> what we've offered meets the definition of balance. but the president is not there yet. >> boehner said he will submit a bill to the house later this week proposing higher taxes only on people with income over $1 million a year. white house spokesperson jay carney said the two sides are close to a deal. >> the president has demonstrated obvious willingness to compromise and to move more than halfway. toward the republicans. >> spending cuts and tax increases including hikes on the middle class are set to take effect in the new year. the democrats and republicans will need to reach an agreement before then or the u.s. could face a recession. >>> let's check on the markets for this wednesday
" in just a few moments. >> stick with us. >> president obama attending an interfaith vigil in newtown, connecticut, expressing his sorrow and offering support and prayers to those suffering after the mass shooting at sandy hook elementary school that took the lives of 20 children and 6 adults. the president speaking after meeting privately with families of the victims and emergency personnel who responded to the deadly shooting. >> mere words cannot match the depths of your sorrow, nor can they heal your wounded hearts. i can only hope it helps for you to know that you're not alone in your grief. >> the president vowing that he will use whatever powers possible to prevent another tragedy like this. police saying the gunman, adam lanza, was carrying an arsenal of ammunition large enough to kill just about every student in the school had he been given enough time. 20-year-old lanza first shooting his mother at their home then heading to his former elementary school to massacre the innocent students and teachers before killing himself. two adults now recovering from their injuries. syria
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